Lebanon

Mansouri: There Will Be No Return to Multiple Exchange Rates

Mansouri: There Will Be No Return to Multiple Exchange Rates

On the sidelines of the spring meetings of the International Monetary Fund and the World Bank held in Washington, D.C., acting Governor of the Central Bank of Lebanon, Wassim Mansouri, confirmed in a special interview with CNBC Arabia that "there will be no return to multiple exchange rates," noting at the same time that "the full funds of depositors are not available and cannot be fully returned."

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